Bitcoin recently gave a breakout at 55 EMA on daily time frame, hinting an upcoming bullish run. This has been a rare signal since BTC rarely crosses EMA on daily chart. (Last it crossed EMA upward in 2020 and ran to 64k) After touching the 42k mark, a correction was observed back to 38k and might proceed to 36.5k. The flag and pole pattern suggests an upcoming...
As per my last analysis, etherium has broken the 2400 resistance. The price pumped almost to the 2700 mark before falling down for a sharp correction. Meanwhile, you can see a double bottom pattern forming on the daily chart as well as the one hour chart. This signifies a major upward movement with a potential of breaking out the 2900 level which has been the...
Etherium has hovered from 1700-2400 range for a while, touching 1700 support thrice. However, it is the very first time that the price has crossed 55 EMA on the daily chart. With this EMA acting as a support line and positive news about Etherium's utility, it's only a matter of time that the 2400 resistance will break, setting a new target at 2900. The...